average salary of insurance agents
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How Much Do Insurance Agents Make? Insurance agents employed in insurance brokerages earn an average salary of $63,390, but those that work in travel arrangement and reservation services earn significantly less at $50,270. The top-paying industry for agents is in securities and commodity brokerages, where they can earn an average $92,170 salary.
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How Much Do Insurance Agents Make? How much does an insurance agent make? According to the May 2012 records from the Bureau of Labor Statistics, the average insurance agent salary is $63,400 per year.
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- Insurance agents are paid a base salary in addition to the commission. For car salespeople, the average commission rate is 30 percent on the front end after dealer costs. The front end is the difference between the selling price and the price the dealer paid for the vehicle.
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- BMW Corporate Office | Headquarters. Company Overview. BMW stands for Bayerische Motoren Werke, is a popular German automobile company. BMW also operates in North America with its headquarters in Woodcliff Lake NJ. This company was established back in 1975 and it started to import performance and luxury vehicles from BMW.
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How Much Do Insurance Agents Make? How much does an insurance agent make? According to the May 2012 records from the Bureau of Labor Statistics, the average insurance agent salary is $63,400 per year. In other words, the 336,740 insurance agents employed in the United States earn a mean hourly wage of $30.48.
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- Salary Outlook. According to the BLS, the median annual salary for insurance agents was $48,210 in 2013. The best-paid 10 percent made more than $117,830, while the lowest-paid 10 percent made less than $26,030.The highest salaries were paid by securities and commodities firms, outpatient care centers and local governments.alary Outlook. According to the BLS, the median annual salary for insurance agents was $48,210 in 2013. The best-paid 10 percent made more than $117,830, while the lowest-paid 10 percent made less than $26,030.
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- Salary. According to the BLS, the median annual salary for insurance agents was $48,210 in 2013. The best-paid 10 percent made more than $117,830, while the lowest-paid 10 percent made less than $26,030.The highest salaries were paid by securities and commodities firms, outpatient care centers and local governments.oughly a quarter of agents work for an insurance company and often sell its products exclusively. About half work for an independent insurance agency or brokerage and sell the products of many insurance companies. Nearly 20 percent are self-employed.
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Minnesota Financial Planner Salary According to the Bureau of Labor Statistics (BLS), in 2010, Minnesota was home to 5,360 insurance sales agents. These agents brought home an average annual salary of $60,270. Agents earning salaries in the 75th percentile made an average of $65,990 per year, while those in the 90th percentile averaged $107,590 annually.
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How Much Does an Insurance Broker Earn? Commissions. On top of base pay, insurance brokers earn commissions for each policy sold, which can increase annual income exponentially. In fact, with commissions, CNN ranks insurance brokers as the tenth “top-paying” job in the United States.The reason is simple.orking with employee benefits offers salaries of $74,350 a year, while real estate can bring a base of $67,910 a year. Insurance agents servicing the travel industry, on the other hand, make only $53,700 a year.
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- According to the BLS, the median annual salary for insurance agents was $48,210 in 2013. The best-paid 10 percent made more than $117,830, while the lowest-paid 10 percent made less than $26,030. The highest salaries were paid by securities and commodities firms, outpatient care centers and local governments.
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- According to the BLS, the largest employer of insurance agents was insurance agencies, which employed 231,940 agents. Starting agents at agencies could make a salary in line with the 25th percentile, at $33,050, or the 10th, at $25,450.Insurance carriers ranked second, with 76,380 agents. They could make a salary in line with the 25th percentile, at $37,220, or 10th percentile, at $27,820.tarting agents at agencies could make a salary in line with the 25th percentile, at $33,050, or the 10th, at $25,450. Insurance carriers ranked second, with 76,380 agents. They could make a salary in line with the 25th percentile, at $37,220, or 10th percentile, at $27,820.
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- Insurance Agent Salary. (United States). The average pay for an Insurance Agent is $36,337 per year. Skills that are associated with high pay for this job are Oral / Verbal Communication, Sales Management, Account Management, and Account Sales.$23,767 - $64,265.United States). The average pay for an Insurance Agent is $36,337 per year. Skills that are associated with high pay for this job are Oral / Verbal Communication, Sales Management, Account Management, and Account Sales.
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- Average Insurance Sales Agent Hourly Wage in Kentucky. Insurance Sales Agents earn a median hourly wage of $18.92. Hourly wages typically start from $10.34 and go up to $46.28.
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- Salary Range. According to the BLS, 321,780 people worked as insurance agents nationwide as of May 2011. The average annual wage for these agents was $62,970, or $30.28 an hour. The top 25 percent could make $72,490 or more, with the top 10 percent reaching six-figure salaries of $115,300 or higher.ccording to the BLS, 321,780 people worked as insurance agents nationwide as of May 2011. The average annual wage for these agents was $62,970, or $30.28 an hour.
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Recruiter.com helps finance professionals find better paying jobs across all specialties and locations. In general, a four year university degree is required for employment in this professional post. An Insurance Sales Agent receives a compensation in a range of 48000 to 72000 based on seniority. Insurance Sales Agents earn a pay level of Sixty Two Thousand Six Hundred dollars annually. Insurance Sales Agents can get the best pay in Rhode Island, where they receive an average job salary of approximately $80280.
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- Insurance Underwriter Salary. Insurance Underwriter average salary is $48,906, median salary is $40,030 with a salary range from $20,800 to $240,000. Insurance Underwriter salaries are collected from government agencies and companies. Each salary is associated with a real job position.
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2 Horace Mann Insurance Sales Agent Salaries 2 Horace Mann Insurance Sales Agent Salaries. Horace Mann Insurance Sales Agents earn $37,000 annually, or $18 per hour, which is 8% lower than the national average for all Insurance Sales Agents at $40,000 annually and 49% lower than the national salary average for ​all working Americans.
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- The median expected salary for a typical Insurance Agent in the United States is $43,319. This basic market pricing report was prepared using our Certified Compensation Professionals' analysis of survey data collected from thousands of HR departments at employers of all sizes, industries and geographies.
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Insurance Sales Agents The median annual wage for insurance sales agents was $48,150 in May 2012. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $26,120 and the top 10 percent earned more than $116,940.Many independent agents are paid by commission only. Sales workers who are employees of an agency or an insurance carrier may be paid in one of three ways: salary only, salary plus commission, or salary plus bonus.he lowest 10 percent earned less than $26,120 and the top 10 percent earned more than $116,940. Many independent agents are paid by commission only. Sales workers who are employees of an agency or an insurance carrier may be paid in one of three ways: salary only, salary plus commission, or salary plus bonus.
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- Insurance Producer Salary. An Insurance Producer earns an average salary of $35,418 per year. Skills that are associated with high pay for this job are Customer Relationship Management (CRM) and Customer Relations. Most people with this job move on to other positions after 20 years in this field.
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- our team of certified compensation professionals has analyzed survey data collected from thousands of hr departments at employers of all sizes and industries on insurance agent salaries to construct a range which describes the distribution of salaries for people with the job title insurance agent in austin txor example the median expected annual pay for a typical insurance agent in the united states is $ 45013 so 50 % of the people who perform the job of insurance agent in the united states are expected to make less than $ 45013 source hr reported data as of october 2015
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- Insurance agents made an average salary of $63,610 in 2013, which is more than a sales representative ($54,410) and much more than a customer service representative ($30,870).Their pay is also significantly more than that of a retail salesperson ($21,140) or a receptionist ($26,410).nsurance agents made an average salary of $63,610 in 2013, which is more than a sales representative ($54,410) and much more than a customer service representative ($30,870).
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- For example the median expected annual pay for a typical Insurance Agent in the United States is $46,728 so 50% of the people who perform the job of Insurance Agent in the United States are expected to make less than $46,728.Source: HR Reported data as of October 2015.or example the median expected annual pay for a typical Insurance Agent in the United States is $46,728 so 50% of the people who perform the job of Insurance Agent in the United States are expected to make less than $46,728. Source: HR Reported data as of October 2015.
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- For many Insurance Sales Representatives, extensive experience does not lead to significantly more money. Salaries for the relatively untried average out to around $31K, but survey participants with five to 10 years of experience earn a significantly higher median of $36K.
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3,014 State Farm Insurance Employee Salaries 3,012 State Farm Insurance Employee Salaries. Browse State Farm Insurance Salaries by Job Title →. State Farm Insurance employees earn $36,000 annually on average, or $17 per hour, which is 52% lower than the national salary average of $61,000 per year.
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How Much Do Insurance Agents Make? How much does an insurance agent make? According to the May 2012 records from the Bureau of Labor Statistics, the average insurance agent salary is $63,400 per year.In other words, the 336,740 insurance agents employed in the United States earn a mean hourly wage of $30.48.nsurance agents employed in insurance brokerages earn an average salary of $63,390, but those that work in travel arrangement and reservation services earn significantly less at $50,270.